IRT Independence Realty Trust Inc

  1. Stocks
  2. Real Estate
  3. NYSE: IRT

Price (delayed)

$15.82

Market cap

$3.73B

P/E Ratio

79.1

Dividend/share

$0.68

EPS

$0.2

Enterprise value

$6.12B

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Relative Growth: Rel. Growth: 49
Relative Strength: Rel. Strength: 33
Relative Valuation: Rel. Valuation: 33
Relative Profitability: Rel. Profitability: 61

Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. IRT's investment ...

Highlights
IRT's price to earnings (P/E) is 35% lower than its last 4 quarters average of 122.6 and 2.2% lower than its 5-year quarterly average of 81.7
The gross profit has grown by 3.6% YoY
IRT's net income has soared by 60% year-on-year but it is down by 15% since the previous quarter
The EPS has soared by 54% YoY but it has contracted by 17% from the previous quarter
Independence Realty Trust's debt has increased by 8% YoY and by 7% from the previous quarter
Sector: Real Estate
Industry: REIT - Residential
Website: http://www.irtliving.com
Peers: MPT BDN BFS

Key stats

What are the main financial stats of IRT

IRT stock price

How has the Independence Realty Trust stock price performed over time
Intraday
-1%
1 week
-5.44%
1 month
-2.71%
1 year
-11.02%
YTD
-9.5%
QTD
6.25%

Financial performance

How have Independence Realty Trust's revenue and profit performed over time
Revenue
$661.78M
Gross profit
$389.24M
Operating income
$114.51M
Net income
$48.14M
Gross margin
58.8%
Net margin
7.3%
IRT's net income has soared by 60% year-on-year but it is down by 15% since the previous quarter
Independence Realty Trust's net margin has soared by 55% YoY but it has decreased by 15% from the previous quarter
Independence Realty Trust's operating margin has decreased by 10% YoY and by 4.9% QoQ
Independence Realty Trust's operating income has decreased by 8% YoY and by 4.5% QoQ

Price vs fundamentals

How does IRT's price correlate with its fundamentals

Growth

What is Independence Realty Trust's growth rate over time

Valuation

What is Independence Realty Trust stock price valuation
IRT P/E details
P/E
79.1
P/B
1.11
P/S
5.65
EV/EBIT
47.61
EV/EBITDA
16.2
EV/Sales
9.25
The EPS has soared by 54% YoY but it has contracted by 17% from the previous quarter
IRT's price to earnings (P/E) is 35% lower than its last 4 quarters average of 122.6 and 2.2% lower than its 5-year quarterly average of 81.7
The P/B is 14% less than the 5-year quarterly average of 1.3
IRT's price to sales (P/S) is 23% lower than its 5-year quarterly average of 7.4 and 4.8% lower than its last 4 quarters average of 6.0
The revenue is up by 3.3% year-on-year

Efficiency

How efficient is Independence Realty Trust business performance
IRT's ROA has soared by 60% year-on-year but it is down by 11% since the previous quarter
IRT's return on equity has surged by 56% year-on-year but it is down by 13% since the previous quarter
The ROS has grown by 18% YoY but it has contracted by 6% from the previous quarter
Independence Realty Trust's return on invested capital has increased by 15% YoY but it has decreased by 6% QoQ

Dividends

What is IRT's dividend history
Dividend details
DPS
$0.68
Dividend yield
4.3%
Payout ratio
340%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 137% more than its total liabilities
Independence Realty Trust's total liabilities has increased by 8% YoY and by 6% QoQ
Independence Realty Trust's debt is 28% less than its equity
IRT's debt to equity is up by 11% YoY and by 9% from the previous quarter
Independence Realty Trust's debt has increased by 8% YoY and by 7% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.